QFT Crypto Bottom Feeder
QFT Crypto Bottom Feeder
This indicator is intended to be used with alerts and Autoview for buy signals. I do not have sell signals enabled at the moment. The goal is to catch the bottoms of markets swings. I use this for 1,3 and 5 min charts for small %s. You can adjust the base sensitivity as well as how far down it's looking to buy. Defaults are 3 candles for bases/resistance, .20% below base for buys. The buy plots are absolute locations - so where they lie, is where the buy signal will execute.
This indicator is intended to be used with alerts and Autoview for buy signals. I do not have sell signals enabled at the moment. The goal is to catch the bottoms of markets swings. I use this for 1,3 and 5 min charts for small %s. You can adjust the base sensitivity as well as how far down it's looking to buy. Defaults are 3 candles for bases/resistance, .20% below base for buys. The buy plots are absolute locations - so where they lie, is where the buy signal will execute.
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New version plots the actual absolute location of buys. Apparently, the older one was just doing the lows of the bar.
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Changed defaults to 1.
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Made a few changes -
*5 layers instead of 1 layer
*Script now looks for the lowest layer set for buy alert to fire.
*Toggle switch for additional layers
*Instead of manually entering every layer, it now auto calculates even layers based on the average % you put.
For instance: avg base crack = 5% - layer 1 = 1%, layer 2 = 2%, layer 3 = 3% etc
Another Example: Avg base crack = 10% - Layer 1 = 2%, layer 2 = 4%, layer 3 = 6% etc
How you use this is entirely up to you. I just play around with these alert signals for testing profitability. If you use this for buying alerts, you're using them at your own risk.
*5 layers instead of 1 layer
*Script now looks for the lowest layer set for buy alert to fire.
*Toggle switch for additional layers
*Instead of manually entering every layer, it now auto calculates even layers based on the average % you put.
For instance: avg base crack = 5% - layer 1 = 1%, layer 2 = 2%, layer 3 = 3% etc
Another Example: Avg base crack = 10% - Layer 1 = 2%, layer 2 = 4%, layer 3 = 6% etc
How you use this is entirely up to you. I just play around with these alert signals for testing profitability. If you use this for buying alerts, you're using them at your own risk.
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Updated new version to protected and not invite only:
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Trending BreakOut Indicator (TBO) allows you to see what the market is doing by showing potential breakout movements and trends.
- Potential long movements are signals buy a LONG signal
- Potential Short movements are signals buy a Short signal
- Possible trend reversals
- Break out signals
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Old